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Country: Morocco
Region: Morocco
Location: Asilah - Tangier
Type: Apartments
Beds
2
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Deposit: Ģ30,620.00
Price: Ģ76,551.00
VAT: 14% included in price
Conversion: 1,270,750 Dh
Mortgage Available: 60%
Status: Off-Plan
Progress: Brand New
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THE PARADISE GOLF & BEACH RESORT IS GOING TO BE ONE OF THE MOST PRESTIGIOUS TOURISTIC DEVELOPMENTS IN NORTHERN MOROCCO. AN EXCLUSIVE 18 HOLE GOLF COURSE WILL BE INCORPORATED WITHIN THE DEVELOPMENT. THE PROPERTIES WILL BE CONSTRUCTED ON GENTLY SLOPING LAND - THUS GIVING MOST PROPERTIES AT PARADISE GOLF & BEACH RESORT VIEWS TO THE SEA. THE SITE IS IN AN AREA OF GREAT NATURAL BEAUTY AND BORDERS THE FORET DIPLOMATIQUE. A STROLL AROUND THE GOLF COURSE ACCESSES A VIRGIN BEACH OF GOLDEN SANDS. JUST 15 MINUTES DRIVE FROM TANGIERS AND THE AIRPORT IN ONE DIRECTION AND 15 MINUTES OR SO IN THE OPPOSITE DIRECTION TO THE PRETTY FISHING VILLAGE OF ASILAH.
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Full Description
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*A GOVERNMENT BACKED PROJECT *
The Moroccan Governments vision of major increases in both tourism and foreign investment over the next four years is being partly achieved by zoning large tracts of (mainly beachfront) government owned land for touristic construction.
Atlantic Beach Paradise Resort S.A.R.L. is a Moroccan Company with both British and Moroccan Directors.
The Company has been selected by the Government of the Kingdom of Morocco to develop the site for the Paradise Golf and Beach Resort.
The Company has a Convention Agreement for both the site and development, signed by the relevant Government Ministers.
The developers of Paradise Golf & Beach Resort have successfully introduced numerous major Spanish projects to the British and Irish markets. Their expertise has been sought to achieve similar results at the Paradise Golf & Beach Resort.
* THE CONSTRUCTION COMPANY *
Caisse de Depot et de Gestion (CDG) is a wholly owned subsidiary of the Moroccan Government. Amongst their other responsibilities CDG invests Moroccos pension funds and is one of the countrys leading institutional investors.
Last year alone the construction arm of CDG completed 50,000 individual dwellings.
CDG will be one of a selected number of Moroccos premier construction companies who will be invited to tender for the building work at Paradise Golf and Beach Resort.
* THE GOLF COURSE *
Steve Ritson Golf Design has been chosen to design and landscape the Golf Course at the Paradise Golf & Beach Resort. Steve Ritson is a member of the Institute of Golf Course Architects and a BSC (Hons) in environmental science.
The companys brief is to design a quality course suitable for players of all abilities. Current projects include: The Brookfield Golf Club, Kettering Golf Course and Le Meridien IBOM Hotel and Golf Resort in Nigeria. In the pipeline are new courses in the South of France and Mauritius.
* THE BANK *
Groupe Banque Poopulaire is one of the leading banking groups in Morocco. They will provide much of the finance for the Paradise Golf & Beach Resort.
In addition they will also make all payments for construction and development of the project. Using the Certification System payments will only be made once the banks own technical experts and architects have visited the site to ensure that all work has been carried out according to specification.
Groupe Banque Populaire will also provide mortgages to purchasers at Paradise Golf & Beach Resort where required. These, of course, will be subject to status.
Groupe Banque Populaire offer the full range of banking services including: cash points, credit cards, insurance, direct debits, internet banking, etc.
A new Branch of the bank will be opened at Paradise Golf & Beach Resort with English speaking staff.
* INVESTMENT *
Morocco is a kingdom and his Highness King Mohamed VI has indicated that one of the principal economic sectors he wishes to promote in Morocco is tourism. His aim is to have 10 million tourists annually visit Morocco by 2010. This ambitious project which includes hotel and road construction, improvement of infrastructure etc. will inevitably have a significant effect on property prices in prime tourist areas.
Purchasers at the PARADISE GOLF & BEACH RESORT with its golf and ocean view location and diversity of on-site leisure facilities plus its proximity to Tangiers, the Airport and a charming Moroccan fishing village will benefit considerably in terms of escalating property prices as the tourist boom filters through the economy.
A Mediterranean type climate and lifestyle, less than 3 hours flying time from the UK and with property prices a fraction of those in nearby Spain (just 9 miles away) its difficult to see how those with investment in mind can go wrong here!!
Those looking for rental income wont be disappointed. High season rates in Northern Morocco often reach Ģ100 per night. The PARADISE GOLF & BEACH RESORT will have an on-site rental and management office which will offer a complete range of services.
The Moroccan Government are keen to encourage foreign property owners.
Excellent tax advantages are already in place and a raft of new legislation due in 2007 is expected to further enhance these fiscal benefits.
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Features:
15 SWIMMING POOLS.
BEACH BARS.
LANDSCAPED TROPICAL GARDENS.
COMMERCIAL CENTRE WITH SHOPS/BOUTIQUES/CRAFT CENTRE/SUPERMARKET.
LUXURY HOTEL WITH ALL FACILITIES OPEN TO NON-RESIDENTS.
RENTAL AND MANAGEMENT OFFICE. MAID & CHAUFFEUR SERVICE AVAILABLE.
STATE OF THE ART GYMNASIUM & FITNESS CENTRE.
FREE COACH SERVICE TO AND FROM ASILAH TOWN & TANGIERS.
GATED COMMUNITY WITH 24 HOUR SECURITY.
SELECTION OF INTERNATIONAL BARS/CAFES. DELUXE FRENCH RESTAURANT.
WATER SPORTS CENTRE WITH JET SKI, KAYAK AND PEDALO HIRE.
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FOUNDATION & STRUCTURE:
All building with reinforced concrete.
Double walls with cavity.
ROOFING:
Covered in rustic style tiles.
Penthouse apartments flat for private use.
FLOORING AND TILING:
Top quality ceramic floors to lounge, bedrooms and hallway.
Non-slip tiles to kitchen and bathroom floors.
Kitchen and bathrooms with top quality wall tiles.
EXTERIOR:
Gated community with garden areas, adult and children's swimming pools.
24 hour security.
Walkways and parking areas.
Commercial area with café/bar, mini-market, gymnasium and property management office.
Water sports hire centre on the beach.
TERRACES:
Exterior terraces will have rustic style tiling.
WINDOWS AND DOORS:
Windows will be in white lacquered aluminium.
Security type entrance door with multi-locks.
Window blinds.
INTERIOR:
All walls plastered and finished with plastic paint.
INTERIOR CARPENTRY:
Wardrobes fitted as per layout plans.
Interior doors and wardrobes in varnished timber.
KITCHEN:
Fitted with wall & base units.
Equipped with split level hob/oven and fridge freezer.
PLUMBING AND SANITARY:
Top quality sanitary ware.
All plumbing to current regulations.
ELECTRICAL:
Full installation to current regulations.
TV and telephone points to principal rooms.
Pre-installation for air-conditioning.
VARIOUS:
FURNITURE:
An optional furniture pack is available from Ģ4,210.
LEISURE:
An 18 hole Golf Course will be incorporated within the development.
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Example of Payment - 2 Bed/2 Bath - 1,270,750 Dh (Ģ76551 @ 16.6 Dh/Ģ)
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To reserve your apartment you will need to Pay a HOLDING DEPOSIT of 16.600 Dh (Ģ1,000). Plus a Handling Charge of Ģ500.
2 weeks later you will need to pay the following:
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MAP
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approx Gbp 3,200
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approx Gbp 29,620
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approx Gbp 45,931
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REPAYMENTS (No Mortgage repayments necessary until the Title Deeds are signed and you take possession of your apartment).
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A mortgage of 60% will be available - subject to status. Proof of income will be required. e.g. A P60 if you are employed or last years Tax Return for self-employed persons.
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For Morocco: You will need to budget for an extra 5-6% in addition to the purchase price to cover Notarial, Property Registration fees and bank charges for arranging the mortgage.
For Spain: You will need to budget for an extra 12% to 15% in addition to the purchase price to cover Spanish VAT at 7%, Notarial, Property Registration fees and bank charges for arranging the mortgage.
There is no charge for legal services as provided by recommended lawyers. Legal services are included in the agency fees.
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PICTURES
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PICTURES
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Artist Impression
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Artist Impression
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Artist Impression - Club
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Artist Impression - Club
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Artist Impression - Hotel
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Artist Impression - Hotel
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Artist Impression - Villas
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Artist Impression - Villa
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Beaches
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Closeby
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Plot Plan
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END PICTURES
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Association of Independent Estate Agents